Job DescriptionAbout ENBDEmirates NBD is a market leader across the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million customers. Emirates NBD is the leading financial services brand in the UAE with a Brand value of approximately USD 4 billion. We serve our customers and help them realise their financial objectives through a range of banking products and services including retail banking, corporate & institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. We are a key participant in the global digital banking industry, with 97% of all financial transactions and requests conducted outside of our branches. We also operate Liv, the lifestyle digital bank by Emirates NBD. With over half a million users, it continues to be the fastest-growing digital bank in the region.
Job Overview:As a Product Manager at Emirates NBD, your role is responsible to drive the development, pricing, execution, and lifecycle management of Structured Products that support the investment needs of the bank’s clients and its growth objectives. The role involves identifying and evaluating new product opportunities, collaborating with internal stakeholders to generate investment ideas, securing necessary product approvals through Legal, Compliance, and Risk functions, and partnering with platform teams to enhance processes and develop innovative product capabilities.
Key Responsibilities:
- * Identify product needs for all customer segments across RBWM working in conjunction with segment and channel leads and eliminate product gaps in the product/service offering. Continuously innovate and identify ideas that align with the house view and client needs.
- Following house views, global markets and events that may create an end-user need. Ideate payoffs and underlyings where in line with house views, seek stakeholder interest and manage the life cycle of the product.
- Ideate, critically analyze, optimize, establish consensus across sales, investment strategy, control functions, launch, trade with assistance from issuers, answer client queries during the life of the product, monitor the products during the life of the product for yellow/red flags, suggest replacements at maturity
- Improve processes/ automate where possible, reduce TATs on various activities; Also take ownership of various sundry tasks that require the desk’s involvement on a day-to-day basis.
- Project management for strategic enhancements for the benefit of the wealth management business
- Continuously improve the infrastructure and desk capabilities (e.g., agreements with issuers, LTVs, digitization)
- Understand business dynamics across the channels and segments to leverage on product/service needs of the Bank’s customers to position SPs as a key part of a truly valuable customer proposition.
- Establish delivery of best-in-class educational framework for Structured Products
- Automate desk activities wherever feasible
- Manage relationships with all related internal and external counter parties to ensure smooth running of the distribution channels in delivering targets for the business.
- Jointly own the budget for SPs in partnership with segments & channels.
- Monitor structured products trade book for escalation of yellow / red flags to WMIGC for exercising customer duty of care.
- Develop, monitor, and continuously improve checks and balances to ensure that desk’s activities are compliant with all relevant regulations, policies, and procedures
- Act as a point of contact for all stakeholders, internal and external, in relation to Structured Products
- Manage Structured Product trade-book for review of secondary market pricing, repeat sale opportunities for upcoming maturities, sales feedback, etc.
Skills and Experience:
- * Degree in Engineering or Mathematics from a globally recognized top-tier university.
- Preferred Postgraduate qualification in Finance from a reputed international university, with specialized coursework and strong exposure to derivatives, structured products, and advanced financial markets.
- Proven experience in Equities, Rates, FX, Fixed Income, or Structured Payoff Structuring within a leading bank,
- Experience within Global Markets, Quantitative Structuring, or Structured Products
- Hands-on experience in the design, pricing, and structuring of derivative and structured investment products across asset classes.
- Demonstrated programming and quantitative development skills, with evidence of coding experience in languages and tools such as Java, VBA, Python, C++, GitHub, SQL, or similar technologies.
There’s never been a better time to join Emirates NBD.We’re one of the region’s most recognisable brands. We’re banking innovation leaders. We’re growing across both the UAE and our global offices. We offer a huge range of professional development opportunities to accelerate your career. It also goes without saying that we provide extremely competitive rewards, benefits and perks too, like our flexible work policy so you can work from home whenever it suits.
At ENBD, we encourage interested candidates to review the key responsibilities and qualifications for each role and apply for positions that match their skills and capabilities.
